Trump Must Hand Over Finance Records Sought By BBC In Defamation Lawsuit, Judge Rules

China's "National Team" Dumped ETFs In Q1 To Cool Overheating Market For years, and especially after the local stock bubble burst in spectacular fashion a little over a decade ago, China's "National Team" - a polite euphemism for the country's Plunge Protection Team - could be relied upon to step in and provide a lending hand - or rather buying hand - to stabilize stocks in the nick of time. Well, it may be time to rename it to the Surge Protection Team According to Bloomberg, China’s “national team” has...

Trump Extends Ceasefire By 3-5 Days, Precisely Amount Of Time Needed For Third Carrier To Arrive Summary At least two fully laden Iranian tankers slip past US naval blockade, amid reports of more going dark: BBG Trump extends ceasefire by 3-5 days, per White House statement to Fox. Third US carrier precisely 3-5 day away from Mideast waters: Fox IRGC seized the MSC Francesca and a Greek-owned ship named Euphoria, which had been attempting to transit the Hormuz chokepoint earlier today. Within hours, a third ship comes under fire by the IRGC. Senior Iranian adviser says...

Standard Nuclear Slashes IPO Size As Nuclear Comps Collapse Standard Nuclear reset its IPO terms sharply lower as recent nuclear peers have watched their stock price crater after debuting on the public market.  The TRISO fuel manufacturing company originally targeted 18.25 million shares at $18-$21, for up to $383 million in proceeds and an implied valuation as high as $3.55 billion. It has now filed to sell 10 million shares at $15, raising $150 million with a fully diluted market value around $2.4-2.7 billion. The adjustment reflects cooling sentiment toward newer nuclear...